Mount Parade, Harrogate, North Yorkshire, HG1
FSS logo

Mount Parade, Harrogate, North Yorkshire, HG1

By FSS

£ 599,995

Reviews

2 out of 5 stars

FSS says ..

INVESTMENT OPPORTUNITY-offering over 9.9% Return- Victorian mid terrace containing 2 self-contained bedsits and 6 additional bedsits!

Property Oracle says ..

This property on Mount Parade in Harrogate presents itself as a multi-unit investment opportunity. The address is in a prime location within Harrogate’s town centre, benefiting from convenient access to shops, restaurants, schools (including several ‘Good’ and ‘Outstanding’ rated primary schools), and transport links (Harrogate train station is conveniently close). The exterior of the building looks well-preserved. Inside, the property has been converted into eight individual studio flats, each with a compact kitchenette and en-suite bathroom. The refurbishment or renovation appears functional but relatively basic and might not attract the highest rental yields for long-term lets. Whilst a seemingly good investment, determining a definitive price-to-value assessment is limited by the lack of square footage information for several comparable properties and a lack of details on the breakdown of each unit’s value and individual rental income projections. A potential buyer should conduct thorough due diligence, including a professional valuation and a comprehensive income analysis, to assess the financial viability of this investment opportunity.

Therefore, we give this property 5 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

Price
7
Condition
6
Location
9
Land
1
Bedrooms
8
Bathrooms
5
Sqft (est)
1,955.80

The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.

Metrics Year-on-Year

Average area value
339,000.00 £
Decreased by 26.92 %
from 463,885.00 £
Est sale value
780,364.20 £
Increased by 1.01 %
from 772,541.00 £
Average area rental value
2,136.00 £/mo
Increased by 79.04 %
from 1,193.00 £/mo
Est letting value
3,911.60 £/mo
Increased by 100.00 %
from 1,955.80 £/mo
Est rental Yield
7.56 %
Increased by 144.66 %
from 3.09 %
Crime Rate
53.00 %
Unchanged by 0.00 %
from 53.00 %

Agent Activity

  • FSS created the listing.

Nearby Schools

NameTypeOfstedDistance
St Peter'S Church Of England Primary SchoolAcademy ConverterGood0.56 KM
Harrogate Language AcademyMiscellaneous0.78 KM
Harrogate, Grove Road Community Primary SchoolCommunity SchoolGood0.86 KM
Springwell HarrogateAcademy Alternative Provision ConverterOutstanding0.96 KM
Coppice Valley Primary SchoolAcademy Converter1.04 KM

Images

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Nearby Streets

NameAverage PriceAverage SqftDistance
Cambridge Place £ 533,33300.00 KM
Petergate £ 000.00 KM
Prospect Crescent £ 299,99900.00 KM
Station Square £ 175,00000.00 KM
Prospect Place £ 000.00 KM

Nearby Transport

NameNLCTLCDistance
Harrogate8213HGT0.30 KM
Hornbeam Park8212HBP2.20 KM
Pannal8479PNL4.14 KM
Starbeck8221SBE4.29 KM
Knaresborough8214KNA7.82 KM

Nearby Listings

AddressPriceTypeScoreDistance
Mount Parade, Harrogate, North Yorkshire, HG1 £ 599,995BUY5 / 100.00 KM
Commercial Street, Harrogate £ 87,500BUY8 / 100.08 KM
Commercial Street, Harrogate, North Yorkshire, HG1 £ 200,000BUY6 / 100.08 KM
8-10 Cheltenham Mount, Harrogate, HG1 £ 208,000BUY5 / 100.09 KM
Apt 8 Baines House, 2A Cheltenham Mount £ 130,000BUY5 / 100.10 KM

Nearby Properties

AddressPriceDistance
18 Mount Parade £ 460,0000.02 KM
5a Mount Parade £ 300,0000.02 KM
7 Mount Parade £ 320,0000.02 KM
16 Mount Parade £ 425,0000.02 KM
3 Mount Parade £ 242,5000.02 KM